Example output
Certainly! Below is a multi-lingual jargon dictionary for the payments industry, featuring 50 terms. The second column provides the English definition, and the third column provides the Hindi translation:
| English Term | Definition | Hindi Translation |
|----------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------|
| Acquirer | A financial institution that processes credit or debit card transactions on behalf of a merchant. | एक्वायरर |
| API (Application Programming Interface) | A set of rules and protocols that allows different software applications to communicate with each other. | एपीआई (एप्लिकेशन प्रोग्रामिंग इंटरफेस) |
| Authorization | The process of approving a transaction after verifying the cardholder's details and available funds. | प्राधिकृति |
| Blockchain | A decentralized and distributed digital ledger that records transactions across multiple computers in a secure and transparent way. | ब्लॉकचेन |
| Card Not Present (CNP) | A transaction where the physical card is not required, such as online or over-the-phone purchases. | कार्ड नॉट प्रेजेंट (सीएनपी) |
| Chargeback | A dispute initiated by a cardholder with their issuing bank, leading to the reversal of a transaction. | चार्जबैक |
| Contactless Payment | A payment method that allows users to make transactions by tapping or waving their contactless-enabled cards or mobile devices. | संपर्करहित भुगतान |
| Cryptocurrency | A digital or virtual currency that uses cryptography for security and operates independently of a central bank. | क्रिप्टोकरेंसी |
| EFT (Electronic Funds Transfer) | The electronic transfer of money from one bank account to another, typically initiated through online banking or ATMs. | ईएफटी (इलेक्ट्रॉनिक फंड्स ट्रांसफर) |
| EMV (Europay, Mastercard, Visa) | A global standard for credit card processing that uses embedded microprocessor chips to enhance security. | ईएमवी (यूरोपे, मास्टरकार्ड, वीसा) |
| Encryption | The process of converting information into a code to prevent unauthorized access, ensuring secure data transmission. | एन्क्रिप्शन |
| Fraud Detection | Systems and tools designed to identify and prevent fraudulent activities in payment transactions. | धाँधली का पता लगाने की तकनीकें |
| Gateway | A service that connects an online store's website to the acquiring bank, facilitating the authorization of online transactions. | गेटवे |
| Interchange Fee | The fee paid by the merchant's bank to the cardholder's bank for processing a credit card transaction. | इंटरचेंज फी |
| Issuer | The financial institution that provides a payment card to a cardholder. | इशूअर |
| KYC (Know Your Customer) | The process of verifying the identity of customers to prevent fraud and ensure compliance with regulatory requirements. | केवाईसी (कस्टमर को जानिए) |
| Merchant Account | A type of bank account that allows businesses to accept payments through credit or debit cards. | मर्चेंट अकाउंट |
| Mobile Wallet | A digital wallet stored on a mobile device, allowing users to make electronic transactions using their smartphones. | मोबाइल वॉलेट |
| NFC (Near Field Communication) | A technology that enables short-range wireless communication between devices, commonly used in contactless payments. | नियर फ़ील्ड संवाद |
| PCI DSS (Payment Card Industry Data Security Standard) | A set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. | पीसीआई डीएसएस (भुगतान कार्ड इंडस्ट्री डेटा सुरक्षा मानक) |
| Point of Sale (POS) | The location where a transaction takes place, often referring to the physical device used to process payments. | सेल पॉइंट (पीओएस) |
| QR Code | A two-dimensional barcode that stores information, often used for quick and easy payment transactions. | क्यूआर कोड |
| Refund | The reversal of a transaction, returning funds to the cardholder, often initiated by the merchant. | रिफंड |
| Settlement | The process of transferring funds between the acquiring and issuing banks to complete a transaction. | सेटलमेंट |
| Tokenization | The process of replacing sensitive cardholder information with a unique identifier (token) to enhance security in payment transactions. | टोकेनाइजेशन |
| 3D Secure | An additional layer of security for online credit and debit card transactions, typically involving a one-time password or authentication. | 3डी सुरक्षित |
| ACH (Automated Clearing House) | A network that facilitates electronic money transfers and direct deposits between banks in the United States. | एसीएच (ऑटोमेटेड क्लियरिंग हाउस) |
| BIN (Bank Identification Number) | The first six digits of a credit or debit card, identifying the issuing bank or financial institution. | बिन (बैंक पहचान संख्या) |
| Cross-Border Payments | Transactions involving the transfer of funds between parties in different countries. | क्रॉस-बॉर्डर भुगतान |
| Digital Currency | A form of currency available only in electronic or digital form, not in physical notes or coins. | डिजिटल करेंसी |
| Encryption | The process of converting
information into a code to prevent unauthorized access, ensuring secure data transmission. | एन्क्रिप्शन |
| HSM (Hardware Security Module) | A physical computing device that safeguards and manages digital keys for strong authentication and encryption. | एचएसएम (हार्डवेयर सुरक्षा मॉड्यूल) |
| Microtransaction | Small-value transactions often conducted electronically, such as in-app purchases or digital content sales. | माइक्रोट्रांजैक्शन |
| P2P (Peer-to-Peer) | Direct transfer of funds between individuals without the involvement of a central authority or financial institution. | पी2पी (पीर टू पीर) |
| Remittance | A payment sent by a person working in a foreign country to their home country, typically to support family members. | रिमिटेंस |
| Secure Socket Layer (SSL) | A standard security protocol for establishing encrypted links between web servers and browsers in online transactions. | सुरक्षित सॉकेट लेयर (एसएसएल) |
| Transaction Fee | A charge imposed by a payment processor or bank for processing a financial transaction. | लेन-देन शुल्क |
| UPI (Unified Payments Interface) | An instant real-time payment system in India, allowing users to link multiple bank accounts in a single mobile application. | यूपीआई (एकीकृत भुगतान इंटरफेस) |
| Wallet | A digital or electronic means of storing and managing financial transactions, often on a mobile device. | वॉलेट |
| Wire Transfer | An electronic transfer of funds between banks, often used for large transactions or international payments. | वायर ट्रांसफर |
Please note that the translations provided here are based on common usage and may vary in different regions.